NAMB calls for relief effort in gulf coast regionMortgagePress.comHurricane Ike, gulf coast, flooding, wind damage, relief, REO properties
Early Saturday morning, Hurricane Ike hit several states along
the Gulf Coast of the United States. Many cities sustained
significant damage, including extensive flooding and wind damage.
Authorities continue to assess the damage, and are asking evacuees
not to return to the area until the extent of the damage is
NAMB is calling upon its members to send relief to the
struggling region. A NAMB Hurricane Relief Fund has been
established for cash donations. Submit your cash donations by mail
"NAMB Hurricane Relief Fund"
7900 Westpark Drive
McLean, VA 22102
An online donation system will be available early this week.
Please continue to check www.namb.org for updates.
NAMB is also in the process of contacting a distribution center
in Houston, TX for physical donations. Please continue to check the
NAMB website for updates on what types of donations will be
accepted and where to send your items.
NAMB President Marc Savitt, CRMS also called upon banks and
lenders with real estate owned (REO) properties to offer vacant
homes as temporary housing for victims of Hurricane Ike. "The
bottom line is that the victims of Hurricane Ike need a place to
stay," said Savitt, "REO properties would provide them with
shelter, and lenders would have someone maintaining their
Banks and lenders would need to establish certain qualifications
for new incoming residents. "The banks and lenders should establish
a set of parameters for temporary housing," stated Savitt.
"We're not just calling upon banks and lenders in Texas," Savitt
continued, "After Hurricane Katrina, displaced families moved all
over the country. This needs to be a national effort."
For more information, visit www.namb.org.